KAP (JSE:KAP) EV-to-EBIT: 11.28 (As of Aug. 08, 2026) — 35% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:KAP KAP Ltd JSE:KAP
74 GF Score
Price R2.63
GF Value R2.63
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is KAP EV-to-EBIT?

KAP JSE:KAP -1.13% 74 EV-to-EBIT is 11.28 as of Aug. 08, 2026, which is 35% above its 10-year median of 8.38. GuruFocus rates JSE:KAP with a GF Score™ of 74/100 and a GF Value™ of R2.63 (Fairly Valued). The stock has 11 warning signs investors should review. Among 452 Conglomerates companies, KAP ranks better than 50.44% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, KAP's Enterprise Value is R15,420 Mil. KAP's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R1,367 Mil. Therefore, KAP's EV-to-EBIT for today is 11.28.

The historical rank and industry rank for KAP's EV-to-EBIT or its related term are showing as below:

JSE:KAP' s EV-to-EBIT Range Over the Past 10 Years
Min: -11.7   Med: 8.38   Max: 12.52
Current: 11.28

During the past 13 years, the highest EV-to-EBIT of KAP was 12.52. The lowest was -11.70. And the median was 8.38.

JSE:KAP's EV-to-EBIT is ranked better than
50.44% of 452 companies
in the Conglomerates industry
Industry Median: 11.435 vs JSE:KAP: 11.28

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. KAP's Enterprise Value for the quarter that ended in Dec. 2025 was R13,639 Mil. KAP's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R1,367 Mil. KAP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.02%.


KAP  (JSE:KAP) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

KAP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=1367/13639.36
=10.02 %

KAP's Enterprise Value for the quarter that ended in Dec. 2025 was R13,639 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KAP's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R1,367 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KAP EV-to-EBIT Related Terms


KAP EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for KAP's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KAP EV-to-EBIT Chart

KAP Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.94 6.52 8.48 6.85 10.65

KAP Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 6.85 0.00 10.65 0.00

JSE:KAP vs MMM, HON: EV-to-EBIT Comparison

For the Conglomerates subindustry, KAP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KAP EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, KAP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where KAP's EV-to-EBIT falls into.


JSE:KAP
74GF Score
KAP Ltd JSE:KAP
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KAP EV-to-EBIT Calculation

KAP's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15420.040/1367
=11.28

KAP's current Enterprise Value is R15,420 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KAP's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R1,367 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 11.28 mean?
KAP (JSE:KAP) has a EV-to-EBIT of 11.28 as of Aug. 08, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on KAP and its competitors. This is 35% above median its historical median of 8.38. According to the industry distribution chart, KAP ranks #224 out of 452 companies in the Conglomerates industry, placing it in the top 49.6%.
Is KAP's EV-to-EBIT too high?
KAP's current EV-to-EBIT of 11.28 is 35% above median its 10-year median of 8.38. The Conglomerates industry median EV-to-EBIT is 11.44. KAP's value of 11.28 is 1.4% below this industry median. Based on the distribution chart, KAP ranks #224 out of 452 companies in the Conglomerates industry, which is above the industry midpoint. Overall, KAP has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KAP's EV-to-EBIT compare to MMM and HON?
According to the Conglomerates industry distribution chart, KAP ranks #224 out of 452 companies for EV-to-EBIT. This puts KAP in the upper half of its industry. The industry median EV-to-EBIT is 11.44. KAP's value of 11.28 is 1.4% below this benchmark. While the company's 10-year median is 8.38 vs. the industry median of 11.44, KAP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Conglomerates company?
The median EV-to-EBIT among Conglomerates companies is 11.44, based on 452 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KAP's current EV-to-EBIT of 11.28 is 1.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on KAP and its competitors. For the Conglomerates industry, the median EV-to-EBIT is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KAP's current EV-to-EBIT is 11.28, which is 35% above median its own 10-year median of 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAP stock overvalued right now?
Based on GuruFocus' analysis, KAP (JSE:KAP) is currently considered Fairly Valued. The stock's GF Value™ is R2.63, compared to a current price of R2.63 — trading right at its estimated fair value. The current EV-to-EBIT is 11.28, which is 35% above median its 10-year median of 8.38 and 1.4% below the Conglomerates industry median of 11.44. KAP's overall GF Score™ is 74/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For KAP (JSE:KAP), the current EV-to-EBIT is 11.28 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KAP (JSE:KAP) Overvalued in 2026?

Based on GuruFocus' analysis, KAP stock appears to be undervalued. The current stock price of R2.63 is trading 0% below its estimated GF Value™ of R2.63. GuruFocus considers KAP to be Fairly Valued.

Key valuation signals for JSE:KAP:

  • EV-to-EBIT: 11.28 (35% above median its 10-year median of 8.38)
  • GF Value™: R2.63 vs. price of R2.63 (0% below fair value)
  • GF Score™: 74/100 with 11 warning signs
  • Industry Position: 1.4% below the Conglomerates median (#224 of 452)

No single metric tells the full story. See the JSE:KAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KAP Business Description

Other Exchanges KI8:Germany
Address Corner R44 and School Road, Unit G7, Stellenpark Business Park, Jamestown, Stellenbosch, WC, ZAF, 7600
KAP Ltd is a diversified group consisting of industrial, chemical, and logistics businesses, and road safety segments in sub-Saharan Africa. It operates through the following segments: PG Bison, Safripol, Unitrans, Feltex, Restonic, Optix, and Corporate. It generates the majority of its revenue from the Unitrans segment which is involved in a supply chain and operational services business providing customized solutions to customers in a diverse range of sectors, including consumer, agriculture, petrochemical, mining, and passenger transport.
74GF Score

Get the complete analysis for JSE:KAP

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R2.63
Price
R2.63
GF Value